True Grit

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for True Grit

CountyAndrews County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesJul 2015 - Dec 2025
Total Oil Production331,571 BBLs
Total Gas Production150,811 MCF
Recent Oil Production509 BBLs in Nov 2025
Recent Gas Production0 MCF in Nov 2025
Wells on Property1

Our Valuation Estimates for True Grit

ShaleAssessment

$43,390 *

MarketMultiple

$83,220 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

True Grit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for True Grit
from Jul 2015 to Dec 2025

Wells on True Grit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47086TRUE GRIT 1HPARALLEL PETROLEUM LLCProducingAndrews County, TX32.517607-102.654978

Leases included in True Grit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-70369TRUE GRITPARALLEL PETROLEUM LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the True Grit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX1 BBLs12 MCFDec 2025
ApolloGaines County, TX520 BBLs1,084 MCFDec 2025
AugustusAndrews County, TX710 BBLs905 MCFDec 2025
AureliusGaines County, TX265 BBLs763 MCFDec 2025
Block A-34 UnitAndrews County, TX117 BBLs0 MCFDec 2025
CothesAndrews County, TX1,740 BBLs0 MCFDec 2025
CygnusAndrews County, TX390 BBLs502 MCFDec 2025
DianaAndrews County, TX489 BBLs1,593 MCFDec 2025
HallAndrews County, TX217 BBLs0 MCFDec 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Harris Queen UnitAndrews County, TX0 BBLs0 MCFSep 2025
Jordan, AAndrews County, TX23 BBLs0 MCFDec 2025
Junior VarsityAndrews County, TX0 BBLs0 MCFOct 2025
Lucky TexanAndrews County, TX847 BBLs0 MCFDec 2025
PallasAndrews County, TX761 BBLs1,202 MCFDec 2025
PolluxAndrews County, TX661 BBLs1,310 MCFDec 2025
Rio BravoAndrews County, TX1,161 BBLs0 MCFDec 2025
ShortesAndrews County, TX444 BBLs0 MCFDec 2025
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
TiberiusGaines County, TX324 BBLs603 MCFDec 2025

Frac'ing activity on True Grit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-47086TrueGrit 1H
42-003-47086TrueGrit 1H

Owners of True Grit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PARALLEL PETROLEUM LLCTRUE GRIT 1HPARALLEL PETRO
2025PARALLEL PETROLEUM LLCTRUE GRIT 1HPARALLEL PETRO
2025PRICE JOE D LLCTRUE GRIT 1HPARALLEL PETRO
2025PRICE JOE D LLCTRUE GRIT 1HPARALLEL PETRO
2025HILCORP MINERALS LLCTRUE GRIT 1HPARALLEL PETRO
2025FMH FOUNDATION OIL/GASTRUE GRIT 1HPARALLEL PETRO
2025FMH FOUNDATION OIL/GASTRUE GRIT 1HPARALLEL PETRO
2025HILCORP MINERALS LLCTRUE GRIT 1HPARALLEL PETRO
Displaying 8 of 320 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on True Grit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-70369TRUE GRITDec 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITNov 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITOct 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITSep 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITAug 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJul 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJun 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMay 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITApr 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMar 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2025DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJan 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITDec 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITNov 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITOct 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITSep 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITAug 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJul 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJun 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMay 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITApr 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMar 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2024DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC